Effect of food industry mergers and acquisitions on employment and wages
By: Michael Ollinger ... [et al.].
Contributors: Ollinger, Michael.; United States. Dept. of Agriculture. Economic Research Service.
Series: Economic research report -- no. 13.; Research report (United States. Dept. of Agriculture. Economic Research Serivice) -- no. 13.
Publisher: United States Dept. of of Agriculture, Economic Research Service
Published: 2005
Place of publication: Washington, D.C
Language: eng
Number of pages: 32
Subjects: Food industry and trade -- Mergers -- United States.; Wages -- Food industry and trade -- United States.; Food industry and trade -- United States -- Employees.; Rural development -- United States.; Consolidation and merger of corporations -- United States.
Description: Empirical analysis of mergers and acquisitions in eight important food industries suggests that workers in acquired plants realized modest increases in employment and wages relative to other workers. Results also show that mergers and acquisitions reduced the likelihood of plant closures while high relative labor costs encouraged plant shutdowns. These results differ from commonly held views that mergers and acquisitions lead to fewer jobs, wage cuts, and plant shutdowns.
Notes: "Electronic report."--Cover.

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Includes bibliographical references (p. 30-32).